REW Public Comment : Anonymous 10/19/2005, REW-0039

This document is available in two formats: this web page (for browsing content) and PDF (comparable to original document formatting). To view the PDF you will need Acrobat Reader, which may be downloaded from the Adobe site. For an official signed copy, please contact the Antitrust Documents Group.

Comment No.: REW-0039
Received: 10/19/2005
Commenter: Anonymous
Attachments: None


-----Original Message-----
Sent: Wednesday, October 19, 2005 6:05 PM
To: ATR-Real Estate Workshop
Subject: "Competition and the Real Estate Workshop" -- Comment, Project
No. V050015

To whom it may concern:

I am a Realtor / Real Estate Agent.

I do not agree with what the e-mail that I received by the National Association of Realtor's which gives me "prewritten "sections" of letters that summarize key issues to be discussed at the workshop". The Association is anti-competitive, pure and simple. They pass rules that discourage brokers from charging less than the rediculously high 6% commissions, and push that commission in their literature; it may have made sense in the part before computers with the internet, but not today.

Some Real Estate Boards place rediculous rules on the dissemination of information on their Multiple listing services, stating that you have to charge a certain amount to be listed and that you can't place that information on any other internet based site.

Private on-line communities should be allowed to have owners list their properties unimpeded by the dinosaur realtor associations that are out there. All the realtor's are doing with their anti-competitive practices is protecting a bunch of scared people who cannot adjust to a changing world.

Please make it easier for owners to list their properties without fear of retribution. Also, please apply some truth in advertising to those billboards that promise 2% or 2.5% commission. The truth is that they don't do a thing to attract clients and the owners end up paying twice the advertised commission, half to the buyer's agent.

Unfortunately, I must withhold my name for fear of retribution.

Updated June 25, 2015

Was this page helpful?

Was this page helpful?
Yes No